Key Takeaways
- • Cregis, a Hong Kong-headquartered digital asset infrastructure provider founded in 2017, has entered the U.S. market with a new office in Brooklyn, New York, according to a PRNewswire release dated October 20, 2026.
- • The company serves more than 4,000 businesses across over 50 countries and regions, with cumulative transaction volume exceeding $300 billion.
- • Cregis reports a base of approximately 200 long-term enterprise clients in its Dubai Middle East hub, more than half drawn from foreign exchange and other traditional financial businesses.
- • The company is registered with FinCEN, holds a Hong Kong TCSP licence, and holds SOC 2 Type I and Type II and ISO 27001 certifications.
- • Cregis made its U.S. exhibition debut at Money20/20 USA 2026 in Las Vegas, held October 18-21, positioning its wallet-as-a-service, fund flow orchestration and custody offerings for U.S. financial institutions and payment providers.
Summary
Cregis CEO and founder Shawn Yan said the U.S. entry is "an important step," but that "entering a market is only the beginning." Yan argued that businesses need infrastructure that fits existing operations rather than a separate function to manage digital assets, and said the company intends to work with businesses as they develop digital asset capabilities.
The expansion comes as stablecoins take a larger role in financial services, though business adoption remains uneven. The Federal Reserve reported that the stablecoin market reached approximately $317 billion in capitalization in April 2026, up more than 50% from early 2025. A September 2026 Cleveland Fed report, however, found that only eight of 148 surveyed businesses in its district were using or planning to use stablecoins, with respondents citing limited demand and satisfaction with existing payment methods.
Cregis' U.S. push builds on its experience in Asia-Pacific and other international markets. It established Dubai as its Middle East hub in 2024 and has since developed approximately 200 long-term enterprise clients with active deployments in the region, more than half from foreign exchange and other traditional financial businesses. The company's platform combines Wallet-as-a-Service, fund flow orchestration and custody infrastructure, supported by MPC-based wallet technology, a Payment Engine for collections, payouts and settlement, and governance features including approval workflows and audit trails. Cregis holds a Hong Kong Trust or Company Service Provider licence and is registered with FinCEN. The New York office gives the company a local base in the U.S., and it made its U.S. exhibition debut at Money20/20 USA 2026 in Las Vegas.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.